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Precast makes the grade on “spend management” scale

Sources: SpendEdge, London; CP staff

A new report, “Global Precast Construction Category – Procurement Market Intelligence,” documents how public and private sector buyers are increasingly wise to manufactured-concrete components’ low lead times, assurance of consistent quality, higher volume discounts, low labor requirements, and conformity to sustainability goals. Such advantages are accelerating the spend growth momentum for the precast market, according to global procurement advisor SpendEdge.

Read more: Precast makes the grade on “spend management” scale

AGC: Materials cost increases outpace contractor bid adjustments

Sources: Associated General Contractors of America, Washington, D.C.; CP staff

Prices for goods and services used in construction climbed 6.2 percent over the past year, intensifying a cost squeeze on contractors coping with widespread labor shortages, according to an AGC analysis of new Labor Department data, including Producer Price Index (PPI) figures tracking a August 2017–August 2018 trajectory.  

Read more: AGC: Materials cost increases outpace contractor bid adjustments

ICFs meet EIFS as Dryvit Systems closes on Nudura

Sources: Dryvit Systems Inc., West Warwick, R.I.; CP staff

Expanding its scope of energy-efficient building solutions for commercial and residential markets, Exterior Insulation and Finish Systems (EIFS) leader Dryvit has acquired Nudura Corp., a major insulating concrete form manufacturer and distributor. Ontario-based Nudura will be a stand-alone unit of Dryvit, which along with EIFS has developed NewBrick, an insulated clay brick-styled veneer product. Both businesses are part of RPM Specialty Products, one of three groups under Medina, Ohio-based RPM International—parent of admixture producer Euclid Chemical (RPM Industrial). 

Read more: ICFs meet EIFS as Dryvit Systems closes on Nudura

NRMCA affiliate launches Volumetric Mixer Operator Certification

Sources: National Ready Mixed Concrete Association, Silver Spring, Md.; CP staff

The Volumetric Mixer Manufacturers Bureau has finalized certification criteria aimed at building operator professionalism and providing proof of industry-specific knowledge. The Volumetric Mixer Operator Certification Program can be used to provide a career path while improving customer service skills, along with company and industry image.

Read more: NRMCA affiliate launches Volumetric Mixer Operator Certification

Producer fragmentation higher in sand & gravel than crushed stone

Sources: U.S. Geological Survey; CP staff

Top 20 sand & gravel and crushed stone producer rankings from USGS Commodity Specialist Jason Willett show strong contrasts in market concentration and operational scale. Producers on the just-released sand & gravel ranking accounted for 30 percent of shipments in 2016, the most recent year for which consolidated figures are available. For the same period, the agency’s crushed stone ranking showed a) the top 20 producers responsible for 743 million mt or 55 percent of the 2016 U.S. output; and, b) the top 100 operators shipping 1.02 billion mt of crushed limestone and granite, or 75 percent of industry deliveries.

Read more: Producer fragmentation higher in sand & gravel than crushed stone